EMI Music and Gotuit Media Announce Content Licensing Partnership
Posted on: Thursday, 16 November 2006, 09:00 CST
Gotuit Media (www.gotuit.com), a digital media company delivering a growing array of on-demand video products, and one of the fastest growing online video portals, today announced it has signed a multi-year strategic content licensing agreement with EMI Music. Through Gotuit Media, EMI will provide its extensive catalog of music videos from many of the world's most popular artists to consumers on both the Gotuit Broadband Video Portal at www.gotuit.com in the U.S. and through the Gotuit Video on Demand (VOD) cable service, available on select Time Warner and Comcast cable systems.
Gotuit will now offer music video fans free access to EMI's large catalog of music videos from artists such as Chingy, Corrine Bailey Rae, Coldplay, Fat Boy Slim, Gorillaz, Ice Cube, Janet Jackson, Norah Jones, KORN, OK GO!, KT Tunstall, Latin sensations RBD, Keith Urban and many more − whether they're watching online, or on the couch.
EMI joins the ranks of over 40 other top professional content providers whose video programming is available through the Gotuit.com broadband portal and VOD service. With the addition of the EMI music video catalog, Gotuit will now have one of the largest collections of licensed music videos available for free on the Web.
"As EMI continues to move aggressively in the digital arena, it's important that we maintain high standards for delivering any of our artists' content. Gotuit offers viewers an exciting and high-quality way to enjoy our artists' videos. They're a valuable new channel for fans to connect with our artists' music and creative vision," said David Munns, Chairman and CEO, EMI Music North America. "Gotuit is also providing EMI and its artists a great, new revenue stream that allows us to monetize these videos."
With its simple, intuitive user interface and exceptional video quality, Gotuit's market-leading Video on Demand service consistency outperforms other similar VOD offerings. Gotuit's online destination, Gotuit.com combines the best in professional content in the areas of music, sports, news and entertainment with superior navigation technology for an unmatched consumer experience. Gotuit.com offers super fast viewing experience, TV-like navigation and patented deep search capabilities that allows users to search within a video, create personal video playlists and share them with friends.
"Gotuit has focused exclusively on bringing the best in professional content to our audiences whether on cable, broadband or mobile platforms," said Mark Pascarella, CEO of Gotuit Media. "The addition of EMI Music as a new content partner will further enhance Gotuit's position as a premier provider of on-demand video products, while also providing viewers with the latest popular music video content they crave."
About EMI Music
EMI Group is the world's largest independent music company, operating directly in 50 countries. Its EMI Music division represents around 1300 artists spanning all musical tastes and genres. Its record labels include Angel, Astralwerks, Blue Note, Capitol, Capitol Nashville, EMI Classics, EMI CMG, EMI Records, EMI Televisa Music, Manhattan, Mute, Parlophone and Virgin. For further information on EMI, please visit: www.emigroup.com.
About Gotuit Media
Gotuit Media is a digital media company delivering a new class of on-demand video products to multiple platforms including broadband, mobile and cable. Gotuit holds a broad portfolio of patents in the on-demand video space, including several landmark awards concerning the use of video metadata for improved navigation, video search, and personalized viewing. Founded in 2000, Gotuit Media is privately held and funded by Highland Capital Partners, Atlas Venture, Motorola and private investors. In addition to Gotuit.com and Gotuit Media's VOD offerings, Gotuit offers network partners and other broadband portals a co-branded version of the Gotuit Media Platform. Visit Gotuit Media's website at http://www.gotuit.com.
Source: Business Wire
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